Applied Industrial Technologies (LTS:0HGR) EBIT : $515 Mil (TTM As of Dec. 2024)

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What is Applied Industrial Technologies EBIT?

Applied Industrial Technologies's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was $121 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was $515 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Applied Industrial Technologies's annualized ROC % for the quarter that ended in Dec. 2024 was 15.66%. Applied Industrial Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 42.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Applied Industrial Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 6.30%.

Applied Industrial Technologies EBIT Historical Data

The historical data trend for Applied Industrial Technologies's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Applied Industrial Technologies EBIT Chart

Applied Industrial Technologies Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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92.50

207.87

356.58

474.60

518.67

Applied Industrial Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
EBIT	Get a 7-Day Free Trial															114.59	122.93	157.98	113.17	120.87

Competitive Comparison of Applied Industrial Technologies's EBIT

For the Industrial Distribution subindustry, Applied Industrial Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Applied Industrial Technologies's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Applied Industrial Technologies's EV-to-EBIT falls into.

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Applied Industrial Technologies EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $515 Mil.

Applied Industrial Technologies (LTS:0HGR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Applied Industrial Technologies's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	483.48 * ( 1 - 23.88% )	/	( (2199.555	+	2500.311)	/ 2 )
=	368.024976	/	2349.933
=	15.66 %

where

	Invested Capital		(Q: Sep. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	3003.211	-	265.136	-	( 538.52	-	max(0, 478.3	-	1809.55	+	538.52	))
=	2199.555

	Invested Capital		(Q: Dec. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	3044.641	-	240.889	-	( 303.441	-	max(0, 429.44	-	1614.696	+	303.441	))
=	2500.311

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Applied Industrial Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	483.48	/	( ( (264.104 + max(817.733, 0))	+	(320.654 + max(881.815, 0)) )	/	2 )
=	483.48	/	( ( 1081.837	+	1202.469 )	/	2 )
=	483.48	/	1142.153
=	42.33 %

where Working Capital is:

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(691.512	+	497.568	+	81.95)	-	(265.136	+	0	+	188.161)
=	817.733

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(696.239	+	518.044	+	96.972)	-	(240.889	+	0	+	188.551)
=	881.815

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Applied Industrial Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	514.949	/	8175.725
	=	6.30 %

Applied Industrial Technologies EBIT Related Terms

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Applied Industrial Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Applied Industrial Technologies Inc (LTS:0HGR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

AIT:USA AT4:Germany

Address

1 Applied Plaza, Cleveland, OH, USA, 44115

Website

https://www.applied.com

Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. The company's reportable segments are; Service Center Based Distribution which derives key revenue, and Engineered Solutions. Geographically, the company derives its key revenue from the United States and the rest from Canada and other countries.

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